PENCD-COLA-TRS COST SHIFT Senate SponsorsSen. Kyle McCarter 1/13/2015SenateSession Sine Die 40 ILCS 5/1-103.340 ILCS 5/2-119.1from Ch. 108 1/2, par. 2-119.140 ILCS 5/2-124from Ch. 108 1/2, par. 2-12440 ILCS 5/2-126from Ch. 108 1/2, par. 2-12640 ILCS 5/14-114from Ch. 108 1/2, par. 14-11440 ILCS 5/14-13140 ILCS 5/14-133from Ch. 108 1/2, par. 14-13340 ILCS 5/15-136from Ch. 108 1/2, par. 15-13640 ILCS 5/15-155from Ch. 108 1/2, par. 15-15540 ILCS 5/15-157from Ch. 108 1/2, par. 15-15740 ILCS 5/16-133.1from Ch. 108 1/2, par. 16-133.140 ILCS 5/16-152from Ch. 108 1/2, par. 16-15240 ILCS 5/16-158from Ch. 108 1/2, par. 16-15840 ILCS 5/18-125.1from Ch. 108 1/2, par. 18-125.140 ILCS 5/18-131from Ch. 108 1/2, par. 18-13140 ILCS 5/18-133from Ch. 108 1/2, par. 18-13330 ILCS 805/8.37 newAmends the Illinois Pension Code. In the 5 State-funded retirement systems: (1) increases employee contributions; (2) decreases the annual increase in retirement annuities; (3) adds funding guarantee language and authorizes a mandamus action against the State; and (4) specifies that State pension funding is subordinate to certain debt service. In the Teachers' Retirement System, provides for the incremental shifting of responsibility for employer contributions from the State to the actual employers, contingent upon the State funding certain school programs. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. 2/15/2013SenateFiled with Secretary by Sen. Kyle McCarter 2/15/2013SenateFirst Reading 2/15/2013SenateReferred to Assignments 3/6/2013SenateAssigned to Executive 3/6/2013SenateTo Subcommittee on Special Issues (EX) 3/14/2013SenatePostponed - Subcommittee on Special Issues 3/22/2013SenateRule 3-9(a) / Re-referred to Assignments 1/13/2015SenateSession Sine Die